Student Rate Extension News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Borrower. press callepresident obama called this vital for millions of student. education is the suress path to finding a good job and earning a good salary and making it into the middle class. it can t be a luxury reserved for just a privileged few. it s an economic necessity that every american family should be able to afford. reporter: if congress hadn t aebgtd interest rates on student loans with would have jumped to 6.8% and ended up costing an average student one thousand dollars for one more year according to the congressional research service, bill. bill: how does this break down, or do we know in terms of what this cost an individual taxpayer. reporter: let s crunch some numbers on the taxpayer calculator. the cost of the student rate extension is $5.985 billion. if your salary is between 15 and $30,000 you pay 2.80 centss. between 30 and and $50,000 it s ....

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